The region also has a 2 tax system, which makes it appealing to international business owners.
Hong Kong exclusively collects three types of direct taxes:
- Profits Tax - A sort of tax that was imposed on all corporations.
- Salaries Tax - A tax on an employee's earnings.
- Property Tax - A taxes imposed on people who rent a home in Hong Kong.
The region also has a 2 tax system, which makes it appealing to international business owners.
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